Vattenfall wins tender for 760 MW Dutch offshore wind farm
Vattenfall has won the tender for the second phase of the 760 MW Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4 held by The Netherlands Enterprise Agency (RVO). In September 2018, Vattenfall was granted permits to build the first phase, HKZ 1 & 2.
The wind farms will have a capacity of approximately 1.5 GW combined. The second phase of the project involves the development of an offshore wind park with 76 monopile foundations located in the Dutch part of the North Sea.
Offshore construction is scheduled to take place in 2022. According to the tender rules, Hollandse Kust Zuid 3&4 needs to be fully operational within 5 years after the permit has become irrevocable. In total, HKZ 1 - 4 will produce renewable energy to up to 3 million Dutch homes.
The HKZ 3 & 4, which will be located in the Dutch North Sea, will be the first non-subsidised offshore wind farms in the world when commissioned in 2023.
As the wind farms are non-subsidised, Vattenfall will pay nearly EUR2 million (US$2.3 million) per year to the Netherlands as ground rent for seabed area where the HKZ 3 & 4 will be located. The electricity cable connecting the wind farm to the mainland will be installed by the transmission system operator TenneT.
In tender for developing the project, Vattenfall competed with Ørsted A/S, Royal Dutch Shell Plc and Eneco, among others.
Senior Vice President and Head of Business Area Wind of Vattenfall Gunnar Groebler said - “Winning the bid for Hollandse Kust Zuid 3&4 is a result of our continuous efforts along our entire value chain and the solid track record and portfolio approach of our company. Adding to that, working collaboratively with our partners in the supply chain has enabled us to hand in a state-of-the-art proposal for this project. We can bundle now the projects Hollandse Kust Zuid 1&2 and 3&4 which is a great advantage leading to further optimization and synergies”.
Country news
-
-
May 03, 2019
Vattenfall sign PPA deal for the 300 MW wind project in Netherlands
Vattenfall AB, a state-owned utility in Sweden, has signed a long-term power purchase agreement (PPA) for renewable electricity from the new upgraded 300 MW Zeewolde wind farm in the Netherlands.
Until the end of 2021, 220 existing wind turbines will be replaced by 91 larger and more powerful turbines which will produce more than 850 GWh every year. This makes it the largest onshore wind project in the Netherlands.
Read more -
January 18, 2019
Grid connection agreement signed for 700 MW offshore wind project in the Netherlands
Grid operator TenneT and wind farm developer Vattenfall have signed agreements for the offshore grid connection for the Hollandse Kust Zuid I and II wind farms.
Read more -
July 02, 2018
Blauwwind Consortium reaches Financial Close on Borssele III/IV
The Blauwwind Consortium has announced financial closure on the Borssele III and IV wind farms in the Dutch North Sea. This sets in motion the construction and subsequent operation of 77 V164 9.5 MW turbines produced by MHI Vestas, with a total installed capacity of 731.5MW.
Read more -
June 21, 2018
Climate Investor One fund achieves third close at US$535 million
Climate Fund Managers has announced the third close of Climate Investor One (CIO), one of the world’s largest renewable energy development and financing initiatives for developing country investments, at US$535 million. The fund manager has raised an additional circa US$75 million since the second close.
Read more -
June 04, 2018
Largest PV project in the Netherlands reaches financial close
German developer ib vogt and HSH Nordbank have successfully closed a EUR41 million (US$47.88 million) debt facility for a solar photovoltaic power plant, the 54.5 MWp Solarpark Scaldia, located in the municipalities of Borsele and Vlissingen in Zeeland, the Netherlands.
Read more
